In late 2014, the foundation awarded a grant to Instituto Centro de Vida to establish a proof of concept for the feasibility and cost-effectiveness of verified deforestation-free beef production in the Brazilian state of Mato Grosso. Today, as an affirmation of that proof of concept, ICV is announcing that the Althelia Climate Fund has invested 11.5 million Euros in Novo Campo, a sustainable cattle ranching initiative in the region. The investment will support the program's work to improve local ranches' economic, social and environmental performance, and represents a major milestone as the first international private investment in a program aiming at deforestation-free, sustainable beef production in Brazil.
Read the ICV press release here.
Read some of the resulting coverage below:
- Inside Philanthropy, October 9, 2015
- Beefpoint, September 18, 2015
- Boi Pesado, September 18, 2015
- Folha de S. Paulo, September 17, 2015
- Globo.com/TV Centro América, September 20, 2015
- Governo do Mato Grosso, September 16, 2015
- Olhar Direto, September 17, 2015
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